Question: Would supervised or unsupervised learning be used for the following data mining tasks? Determining if a client will either purchase our product or not purchase

 Would supervised or unsupervised learning be used for the following data

Would supervised or unsupervised learning be used for the following data mining tasks? Determining if a client will either purchase our product or not purchase our product after we send the next email campaign. Gaining insight into our customer database by grouping customers with similar buying habits. Determining the amount of sales that a customer will generate over the next 6 months based on information stored in your customer loyalty database Determining the probability that a customer who buys the White Gold 2000 with accessory X will also buy the accessory Y Determining if an insurance claim is valid or fraudulent. Determining the way that we will distribute our next 3 mailings to our customer database assuming we have 3 different versions. We want to target them based on creating 3 groups of customer 'types

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!